This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The short-run average variable cost curve a. is always downward-sloping b. starts at the origin ... (Read 30 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Jun 30, 2018
The short-run average variable cost curve
 a. is always downward-sloping
  b. starts at the origin and always slopes upward
  c. starts above the origin and always slopes upward
  d. is a horizontal line intersecting the vertical axis
  e. slopes downward at low rates of output, then slopes upward at higher rates of output

Question 2

If total cost at Q = 0 is 100 and total cost at Q = 10 is 500, then average variable cost at Q = 10 is
 a. 500
  b. 400
  c. 50
  d. 40
  e. 10


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akemokai

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

D


lb_gilbert

  • Member
  • Posts: 588
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

apple

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Titration Curve Titration Curve
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Short-wavelength flux is reflected by Earth Short-wavelength flux is reflected by Earth
Data management short answer q Data management short answer q
Normal frequency distribution, characterized by a bell-shaped curve Normal frequency distribution, characterized by a bell-shaped curve
Saturation curve for hemoglobin of humans, llamas, and other mammals. Saturation curve for hemoglobin of humans, llamas, and other mammals.
Video: Erythropoietin (EPO)

For a complete list of videos, visit our video library